2-bed · 1,551 sqftShoreline - Hatmi, Palm Jumeirah · 4th floor

405, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 12 January 2026
Last soldAED 4.67M14 February 2024
Current rentAED 244K /yr12 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Shoreline - Hatmi

What is 405 worth today?

Last sold for AED 4,670,000 in 2024

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12 Jan 2026RentedRenewal
AED 244,000/yr12 months · AED 157 per sqft
12 Jan 2025RentedNew contract
AED 240,000/yr12 months · AED 155 per sqft
12 Jan 2025RentedNew contract
AED 240,000/yr12 months · AED 155 per sqft
14 Feb 2024SoldReady
AED 4,670,000AED 3,011 per sqft
2 Nov 2015RentedRenewal
AED 185,000/yr12 months · AED 119 per sqft
2 Nov 2014RentedRenewal
AED 185,000/yr12 months · AED 119 per sqft
1 Nov 2013RentedNew contract
AED 184,488/yr12 months · AED 119 per sqft
1 Jan 2013RentedNew contract
AED 160,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 12 January 2026.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
4th of 9
Parking
1B2-73
Service charge
AED 22,800 /yr
Last sold
AED 4.67M · February 2024

About 405, Shoreline - Hatmi

405 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 14 February 2024 for AED 4,670,000, or AED 3,011 per sqft, 4% above the AED 2,901 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 12 January 2026, is AED 244,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 22,800 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Shoreline - Hatmi
2M4M20092013201720212025Typical sale price by year: 2009 AED 972,500; 2010 AED 1,050,000; 2011 AED 2,525,000; 2012 AED 2,147,500; 2013 AED 2,450,000; 2014 AED 2,350,000; 2015 AED 1,600,000; 2016 AED 2,450,000; 2017 AED 3,400,000; 2018 AED 2,200,000; 2019 AED 2,170,000; 2022 AED 2,152,000; 2024 AED 4,335,000Sold by developer, April 2009: AED 3,300,000 (AED 2,127 per sqft)Sold, February 2024: AED 4,670,000 (AED 3,011 per sqft)

405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Shoreline - Hatmi
200K2012201620202024Typical rent by year: 2012 AED 162,500; 2013 AED 169,000; 2014 AED 179,000; 2015 AED 185,000; 2016 AED 180,000; 2017 AED 175,000; 2018 AED 167,500; 2019 AED 160,000; 2020 AED 122,500; 2021 AED 132,500; 2022 AED 146,250; 2023 AED 174,000; 2024 AED 207,373; 2025 AED 220,053; 2026 AED 222,500New contract, January 2013: AED 160,000 a yearNew contract, November 2013: AED 184,488 a yearRenewal, November 2014: AED 185,000 a yearRenewal, November 2015: AED 185,000 a yearNew contract, January 2025: AED 240,000 a yearNew contract, January 2025: AED 240,000 a yearRenewal, January 2026: AED 244,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Shoreline - Hatmi, and where 405 sits

All 54 2-beds →

405 last sold in February 2024 at AED 3,011 per sqft, 4% above what two-beds in Shoreline - Hatmi were fetching at the time (AED 2,901). Over the last 12 months two-beds sold for AED 1,800,000 to 6,100,000, around AED 3,127 per sqft, and rent for AED 128,000 to 480,000 a year. 405's AED 244,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Apr 20266,100,000
16 Mar 20261,800,000
5 May 20253,940,000
24 Apr 20254,700,000
2 2-bed sales in the last 12 months

Shoreline - Hatmi

Building

107 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah. 6 sold in the last 12 months.

Typical price per sqft
AED 2,885
Typical sale
AED 5.7M
Typical rent
AED 235K /yr
Typical yield
4.2%
Shoreline - Hatmi, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 107 units in Shoreline - Hatmi
Value
4012-bedAED 1.9M · Mar 2022
4023-bedAED 2.6M · Apr 2009
4033-bedAED 2.6M · Dec 2010
4041-bedAED 1.28M · Nov 2020
4062-bedAED 3.7M · Apr 2019
4072-bedAED 3.25M · Apr 2018
4082-bedAED 4.5M · Aug 2023
1–7 of 11

405, Shoreline - Hatmi in numbers

  • Sold twice: first on 27 April 2009 for AED 3,300,000, last on 14 February 2024 for AED 4,670,000 (AED 3,011 per sqft).
  • Rented since January 2013 on 7 Ejari contracts, from AED 160,000 to AED 244,000 a year.
  • At AED 244,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 22,800 a year (AED 14.68 per sqft).
  • Two-beds in Shoreline - Hatmi sold for AED 1,800,000–6,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,885 per sqft.

Source: Dubai Land Department. Updated 12 January 2026.

Questions about 405, Shoreline - Hatmi

What did unit 405 last sell for?

AED 4,670,000 on 14 February 2024: AED 3,011 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 3,300,000 in April 2009.

What is the rent for unit 405?

AED 244,000 a year on the contract renewed on 12 January 2026. The previous contract, from January 2025, was AED 240,000; the unit has been rented since January 2013.

How big is unit 405?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Hatmi sold for AED 1,800,000 to 6,100,000 in the last 12 months, around AED 3,127 per sqft.

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Mortgage on 405, Shoreline - Hatmi

Starts from the last sale price (AED 4.67M, 14 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,670,000
Deposit, UAE resident (20%)
AED 934,000
Deposit, non-resident (40%)
AED 1,868,000
Monthly over 25 years at 3.7%
AED 19,106

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →